Clean Line Energy To Meet With Local Cos.

Clean Line Energy and its partners are hosting public meetings this month to provide information on their wind energy distribution plan and meet with local businesses.

Clean Line Energy plans on building a 700-mile-long transmission system to deliver around 3,500 megawatts of wind power – enough energy to power around 1 million homes – generated in the Oklahoma panhandle to the Mid-South and the Southeast.

The firm is considering a $259.8 million investment in energy transfer infrastructure in Shelby County.

Clean Line Energy has applied for a payment-in-lieu-of-taxes (PILOT) incentive from the Economic Development Growth Engine of Memphis and Shelby County.

The project would create 16 permanent jobs with an average salary of $56,875. The project qualifies for an 11-year PILOT, which would save the company around $24.2 million. However, the project would create around $36.2 million in new tax revenue.

Clean Line would build a station in the city of Millington’s reserve area to convert the direct current wind energy to the alternating current power grid. The company is also considering Tipton County for the project.